Fidelis Capital Partners LLC Takes $947,000 Position in iShares S&P 500 Value ETF $IVE

Fidelis Capital Partners LLC purchased a new position in shares of iShares S&P 500 Value ETF (NYSEARCA:IVE) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 4,584 shares of the company’s stock, valued at approximately $947,000.

Other hedge funds have also recently bought and sold shares of the company. Dumont & Blake Investment Advisors LLC boosted its position in iShares S&P 500 Value ETF by 0.5% during the third quarter. Dumont & Blake Investment Advisors LLC now owns 10,795 shares of the company’s stock worth $2,229,000 after purchasing an additional 49 shares in the last quarter. Signal Advisors Wealth LLC raised its stake in shares of iShares S&P 500 Value ETF by 0.6% during the 3rd quarter. Signal Advisors Wealth LLC now owns 9,010 shares of the company’s stock worth $1,861,000 after buying an additional 51 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC boosted its position in shares of iShares S&P 500 Value ETF by 2.2% in the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 2,749 shares of the company’s stock worth $537,000 after buying an additional 59 shares in the last quarter. CPC Advisors LLC grew its stake in iShares S&P 500 Value ETF by 4.9% in the 3rd quarter. CPC Advisors LLC now owns 1,255 shares of the company’s stock valued at $259,000 after acquiring an additional 59 shares during the last quarter. Finally, Pinnacle Associates Ltd. increased its holdings in iShares S&P 500 Value ETF by 0.8% during the 2nd quarter. Pinnacle Associates Ltd. now owns 8,323 shares of the company’s stock valued at $1,626,000 after acquiring an additional 62 shares in the last quarter.

iShares S&P 500 Value ETF Trading Up 0.2%

Shares of IVE opened at $216.68 on Friday. iShares S&P 500 Value ETF has a 12-month low of $165.45 and a 12-month high of $218.44. The stock has a market cap of $49.01 billion, a P/E ratio of 20.70 and a beta of 0.89. The company has a 50-day moving average of $213.70 and a two-hundred day moving average of $207.30.

iShares S&P 500 Value ETF Profile

iShares S&P 500 Value ETF (the Fund), formerly iShares S&P 500 Value Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500 Value Index (the Index). The Index measures the performance of the large-capitalization value sector of the United States equity market and consists of those stocks in the S&P 500 exhibiting the strongest value characteristics. The Fund generally invests at least 90% of its assets in securities of the Index and in depositary receipts representing securities of the Underlying Index.